63 Melrose Avenue S.
Hamilton, ON $649,900

bed
6 Bedrooms

shower
4 Bathrooms

square_foot
2668 SQ/FT

house_siding
2.5 Stories

An exceptional opportunity in the heart of the Gibson-Stipley neighbourhood! This large, updated and Vacant 2 unit property offers incredible flexibility for investors and owner-occupiers alike. With two spacious, move-in-ready units, the property is ready for a new owner to select their own tenants and establish current market rents from day one. Live in one unit while generating income from the other to help offset your mortgage, or add this turnkey property to your investment portfolio and maximize its rental potential. Looking for even more upside? The property also offers potential to create a third unit with separate side entrance, providing an exciting opportunity to further increase revenue and long-term value. Ideally situated in an established central Hamilton neighbourhood close to transit, schools, shopping, amenities and downtown. A rare opportunity to acquire a vacant, updated multi-unit property with strong income potential and multiple options for the future! (id:58067)

MLS # :

40859911

City :

Hamilton

Year Built :

1915

Property Type :

Multi-family

Title :

Freehold

Basement :

Full (Partially finished)

Parking :

Detached Garage

Lot Size :

40 ft x 120 ft

Lot Area :

0.11 ac|under 1/2 acre

Heating/Cooling :

Forced air / Central air conditioning

Days on Market :

2 days